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04 August 2023

The Baiduri Momentum Summit 2023 is set to bring together treasurers and senior corporate leaders where major investment topics and market outlooks will be explored by an expert panel of speakers on 8 August.

Policy direction, Artificial Intelligence, Environmental, Social and Governance (ESG) and investment trends will be analysed and discussed at the inaugural invitation-only summit at the Empire Brunei.

Dr. Taimur Baig, headline speaker at the summit, expects the Federal Reserve rate hikes to cease, despite policymakers indicating otherwise at a meeting in July.

“The key message of the Federal Reserve is that policy vigilance would persist even as inflation prints turn favourable. We think the US central bank would keep monetary conditions restrictive for a protracted period. This would particularly hold as private consumption and the labour market remain in expansionary territory,” he wrote.
Dr. Baig added: “Examining the data flow on economic activity, consumer and business confidence, labour market, and financial market conditions, we think the Fed would find support for a prolonged period of wait-and-watch that may last through the middle of next year.”

The Chief Economist of DBS Bank will share more of his insights on the global economic and markets outlook at the summit.
Dr. Baig’s expertise covers macro and investment strategy, as well as risk management. He is an Honorary Advisor to the Global CFO Network, Director Fellow at the Asian Financial Cooperation Association, and Council Member of the Economic Society of Singapore.

Before joining DBS in 2017, Dr. Baig was Principal Economist at the Economic Policy Group, Monetary Authority of Singapore (MAS).

Prior to that, he spent nine years at Deutsche bank, where he was Chief Economist, Asia. Dr Baig cut his teeth in Washington, DC, at the headquarters of the International Monetary Fund, as a Senior Economist from 1999 to 2007.

Alicia Tan, Senior Product Specialist, Asian Fixed Income of Allianz Global Investors and Yeu Huan Lai, Co-Head Asian Equity and Senior Portfolio Manager of Nikko AM will also feature at the summit.

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Important update
19 September 2023

We would like to inform you that with effect from 31 October 2023, Business i-Banking service will no longer be operational, and this will be replaced with our new Baiduri b.Digital Business service.

If your company has not transitioned to b.Digital Business, please ensure that every existing user provides the following by 8 October 2023 through the Business i-Banking Inbox:
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Alternatively, you can complete the b.Digital Business Amendment Form and submit the form(s) directly to Baiduri Digital Hub, Ground Level, Baiduri Bank Headquarters.

Every user will receive a notification email at their registered email address, once they have been migrated and activated on the b.Digital Business service.

Companies who have not moved to b.Digital Business after 31 October 2023 can re-apply as a new subscriber to the b.Digital Business service. This will require additional documentations to be submitted as part of the application. Refer “Required Documents” here.

Important notice: Our Business i-Banking service will be deactivated soon. To ensure continued access and a smooth transition to the new Baiduri b.Digital Business, please provide your full name, IC, email address and mobile number via Business i-Banking Inbox. If we do not receive updated details from all authorised users, your company will not be migrated to the new platform and a fresh application will be required. For assistance, contact us at [email protected] or call 2268 637/8/9 during business hours. Thank you for your cooperation.

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